SKP Bearing

What does SKP Bearing do?

SKP Bearing Industries Ltd manufactures auto components and operates in the micro-cap market, with a market cap of Rs 383 Cr. The company has no recent sales or profit data, and key financial metrics include a P/E ratio of 129.00 and a dividend yield of 0.48%.

Overview:<BR>SKP Bearing Industries Ltd is engaged in the manufacturing of auto components and equipment, operating within the micro-cap market segment.<BR><BR>History:<BR>The company was originally established as a partnership firm in 1991 and was later converted into a private limited company in 2022. There is no sales or profit data reported for the latest quarter.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: N/A<BR>Most recent Net Profit: N/A<BR>Market-cap value: Rs 383 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 129.00<BR>Industry P/E: 55<BR>Dividend Yield: 0.48%<BR>Debt-Equity: 0.44<BR>Return on Equity: 5.92%<BR>Price-to-Book: 7.61<BR><BR>Contact Details:<BR>Address: Not available<BR>Phone: Not available<BR>Email: Not available<BR>Website: Not available

When is the next results date for SKP Bearing?

No Upcoming Board Meetings

Has SKP Bearing declared dividend?

Yes, SKP Bearing Industries Ltd has declared an 11% dividend, amounting to ₹1.1 per share, with an ex-date of August 23, 2024. While the recent 6-month performance shows a decline of -4.27%, the 2-year total return was positive at 42.28%.

SKP Bearing Industries Ltd has declared an 11% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 11%<BR>- Amount per share: 1.1<BR>- Ex-date: 23 Aug 24<BR><BR>Dividend Yield: 0.48%.<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -4.27%, the dividend return was 0%, resulting in a total return of -4.27%.<BR><BR>Over the past year, the price return was 5.8%, with a dividend return of 0.50%, leading to a total return of 6.3%.<BR><BR>In the 2-year period, the price return was 41.54%, the dividend return was 0.74%, culminating in a total return of 42.28%.<BR><BR>For the 3-year period, there was no price return, no dividend return, and thus a total return of 0.0%.<BR><BR>In the 4-year period, the price return was 0%, the dividend return was 0%, resulting in a total return of 0.0%.<BR><BR>Lastly, in the 5-year period, there was no price return, no dividend return, leading to a total return of 0.0%.<BR><BR>Overall, SKP Bearing has declared a dividend, which reflects positively on its recent performance, especially over the longer 2-year period where total returns were significantly positive. However, the recent 6-month performance shows a decline, indicating volatility in the short term.

Who are the peers of the SKP Bearing?

SKP Bearing's peers include Samvardh. Mothe., Bosch, Schaeffler India, Bharat Forge, Tube Investments, Autoline Industr, PPAP Automotive, Sundaram Brake, Menon Pistons, and Talbros Engg. In terms of management risk, growth, and capital structure, they vary from excellent to below average, with PPAP Automotive showing the highest 1-year return at 28.70% and Menon Pistons the lowest at -28.99%.

Peers: The peers of SKP Bearing are Samvardh. Mothe., Bosch, Schaeffler India, Bharat Forge, Tube Investments, Autoline Industr, PPAP Automotive, Sundaram Brake, Menon Pistons, and Talbros Engg.<BR><BR>Quality Snapshot: Excellent management risk is observed at Schaeffler India, Tube Investments, and Talbros Engg., while Good management risk is found at Bosch, Bharat Forge, Menon Pistons, and SKP Bearing. Average management risk is noted for Samvardh. Mothe. and PPAP Automotive, while Below Average management risk is seen at Autoline Industr and Sundaram Brake. For Growth, Excellent growth is seen at Samvardh. Mothe., Schaeffler India, and Tube Investments, while Good growth is noted for Bharat Forge and Sundaram Brake. Average growth is found at Bosch, Talbros Engg., and Autoline Industr, while Below Average growth is observed at PPAP Automotive and Menon Pistons. In terms of Capital Structure, Excellent capital structure is noted for Bosch, Schaeffler India, and Tube Investments, while Good capital structure is observed at SKP Bearing and Bharat Forge. Average capital structure is found at Talbros Engg. and the rest, while Below Average capital structure is seen at Autoline Industr and PPAP Automotive.<BR><BR>Return Snapshot: The peer with the highest 1-year return is PPAP Automotive at 28.70%, while the lowest is Menon Pistons at -28.99%. SKP Bearing's 1-year return is 0.00%, which is significantly lower than PPAP Automotive's return. Additionally, the peers with negative six-month returns include Samvardh. Mothe., Bosch, Tube Investments, Autoline Industr, and Menon Pistons.

Is SKP Bearing overvalued or undervalued?

As of May 29, 2025, SKP Bearing is considered very expensive and overvalued with a PE ratio of 127.66, significantly higher than its peers, and its return metrics do not justify this valuation, despite a recent short-term outperformance.

As of 29 May 2025, SKP Bearing's valuation grade has moved from does not qualify to very expensive. The company is currently overvalued, with a PE ratio of 127.66, a Price to Book Value of 7.55, and an EV to EBITDA ratio of 36.36. In comparison, its peers such as Schaeffler India Ltd. and Timken India Ltd. have significantly lower PE ratios of 68.74 and 55.53, respectively, indicating that SKP Bearing's valuation is not justified relative to its industry.<BR><BR>The company's return metrics also reflect its overvaluation, with a ROCE of 11.85% and a ROE of 5.92%, which are not compelling enough to support such a high valuation. Additionally, while SKP Bearing has outperformed the Sensex over the past week with a return of 3.72% compared to 1.63%, its year-to-date performance shows a decline of 11.06%, further reinforcing the notion that the stock is overvalued in the current market context.

What is the technical trend for SKP Bearing?

As of June 5, 2025, SKP Bearing's technical trend is mildly bearish, driven by bearish moving averages and MACD readings, despite some mixed signals from other indicators.

As of 5 June 2025, the technical trend for SKP Bearing has changed from mildly bullish to mildly bearish. The weekly MACD is bearish, and the monthly MACD is mildly bearish, indicating a weakening momentum. The daily moving averages are also bearish, reinforcing the negative sentiment. While the KST on a weekly basis is bullish, the overall indicators suggest a lack of strong upward momentum. The Bollinger Bands show a sideways trend on the weekly and mildly bearish on the monthly, indicating limited price movement. The Dow Theory reflects a mildly bullish stance on the weekly but no trend on the monthly, suggesting mixed signals. Overall, the current technical stance is mildly bearish, driven primarily by the bearish moving averages and MACD readings.

Who are in the management team of SKP Bearing?

As of March 2023, the management team of SKP Bearing includes Shrinand Kamlakar Palshikar (Chairman/Executive Director), Sangita Shrinand Palshikar (Non-Executive & Non-Independent Director), Rajeev Vinayak Lokare (Independent Non-Executive Director), and Kishorbhai Chhanalal Parikh (Independent Non-Executive Director).

As of March 2023, the management team of SKP Bearing includes:<BR><BR>1. Shrinand Kamlakar Palshikar - Chairman / Executive Director<BR>2. Sangita Shrinand Palshikar - Non-Executive & Non-Independent Director<BR>3. Rajeev Vinayak Lokare - Independent Non-Executive Director<BR>4. Kishorbhai Chhanalal Parikh - Independent Non-Executive Director

Who are the top shareholders of the SKP Bearing?

The top shareholder of SKP Bearing is Sangita Shrinand Palshikar, holding 37.52%. The company has no pledged promoter holdings, no mutual fund or FII investments, and individual investors own 17.43%, with India Equity Fund 1 as the largest public shareholder at 2.84%.

The top shareholders of SKP Bearing include the promoters, with Sangita Shrinand Palshikar holding the highest stake at 37.52%. There are no pledged promoter holdings, and the company does not have any mutual fund or foreign institutional investor (FII) holdings. The highest public shareholder is India Equity Fund 1, which holds 2.84%. Additionally, individual investors collectively own 17.43% of the company.

How big is SKP Bearing?

As of 24th July, SKP Bearing Industries Ltd has a market capitalization of 354.00 Cr, classifying it as a Micro Cap company. There is no valid financial data available for Net Sales and Net Profit for the latest four quarters.

As of 24th July, <BR><BR>Market Cap: SKP Bearing Industries Ltd has a market capitalization of 354.00 Cr, categorizing it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: There is no valid financial data available for Net Sales and Net Profit for the latest four quarters.<BR><BR>Balance Sheet Snapshot: The reporting period is March 2025, with Shareholder's Funds amounting to 51.18 Cr and Total Assets valued at 96.75 Cr.

How has been the historical performance of SKP Bearing?

SKP Bearing's historical performance shows increased net sales from 51.66 Cr in March 2024 to 70.33 Cr in March 2025, but profitability declined significantly, with profit after tax dropping from 10.68 Cr to 2.97 Cr. Overall, the company faced challenges despite higher sales, reflected in decreased operating profit and cash flow.

Answer:<BR>The historical performance of SKP Bearing shows significant changes between the fiscal years ending March 2024 and March 2025.<BR><BR>Breakdown:<BR>In the fiscal year ending March 2025, SKP Bearing reported net sales of 70.33 Cr, an increase from 51.66 Cr in March 2024. Total operating income also rose to 70.33 Cr from 51.66 Cr, while total expenditure, excluding depreciation, increased to 59.29 Cr from 34.21 Cr. The operating profit (PBDIT) decreased to 11.75 Cr from 17.71 Cr, leading to a decline in profit before tax to 7.34 Cr from 15.28 Cr. Consequently, the profit after tax fell sharply to 2.97 Cr compared to 10.68 Cr in the previous year. The earnings per share (EPS) also dropped to 1.79 from 6.43. On the balance sheet, total liabilities rose to 96.75 Cr from 90.27 Cr, with total assets increasing to the same figure. The book value per share adjusted slightly to 30.83 from 30.24. Cash flow from operating activities decreased to 5.00 Cr from 6.00 Cr, and the company experienced a net cash outflow of 2.00 Cr, contrasting with a net inflow of 2.00 Cr in the prior year. Overall, the financial metrics indicate a challenging year for SKP Bearing, marked by declining profitability despite increased sales.

Should I buy, sell or hold SKP Bearing Industries Ltd?

Which are the latest news on SKP Bearing?

Why is SKP Bearing Industries Ltd falling/rising?

As of 03-Jun, SKP Bearing Industries Ltd's stock is at 159.75, down 1.39%, with significant declines in financial health and investor interest, reflected by a high Debt to EBITDA ratio and a -27.37% return over the past year. The stock has underperformed the sector and the market, indicating ongoing challenges.

As of 03-Jun, SKP Bearing Industries Ltd's stock price is falling, currently at 159.75, which reflects a decrease of 2.25 or 1.39%. The stock has underperformed the sector today by 0.76%. Over the past week, the stock has declined by 7.12%, while the benchmark Sensex has only fallen by 2.10%. <BR><BR>The company's financial health is concerning, as indicated by a high Debt to EBITDA ratio of 4.19 times, suggesting a low ability to service its debt. Additionally, the average Return on Equity (ROE) is just 3.83%, indicating low profitability per unit of shareholders' funds. The operating profit has also seen a significant decline, with an annual growth rate of -43.24% over the last five years. <BR><BR>In terms of investor participation, there has been a notable drop in delivery volume, which fell by 85.07% against the 5-day average, signaling reduced interest from investors. Furthermore, the stock has generated a return of -27.37% over the past year, significantly underperforming the market, which saw a decline of only -1.52% during the same period. This combination of poor financial metrics, declining investor interest, and underperformance relative to the market contributes to the stock's current downward trend.